Credit Union of Southern California
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 0.35% | Reward Checking | 2.06% - National Average |
| 0.10% | Savings | 2.00% - Ally Bank Online Savings Account |
| 0.40% | Money Market | 2.00% - Ally Bank Online Savings Account |
Credit Union of Southern California is headquartered in Anaheim and is the 32nd largest credit union in the state of California. It is also the 195th largest credit union in the nation. It was established in 1954 and as of September of 2018, it had grown to 289 employees and 110,367 members at 19 locations. Credit Union of Southern California has an A health rating.
Field of Membership Restrictions
Membership in Credit Union of Southern California is open to those who live, work, attend school or worship in Orange, Los Angeles, or San Bernardino Counties in California and to immediate family of those eligible.
See current membership details
Taking my father's advice
I joined this credit union during my first year of college. I had just received my first job, and I had been banking with a major bank institution and wasn't too happy with it. I did not like the fact that my deposits were not immediately available. In addition, I didn't appreciate some of the fees they threw my way. That was when my father suggested I transfer my business to a credit union. He assured me that I would pay a lot less with the credit union, especially in regard to the fees. I took my father's advice in 1990 and I am still a happy customer to this date. When I wanted to purchase a brand new car, my father also suggested that I do it through my credit union. So it was really nice to be able to show up to a car dealership and say, "I already have a loan approved for this amount of money, can you show me cars that fit in the budget?" Of course, they wanted me to go with their financial people, so I showed them my paper with approved loan and interest rate and I asked, "Can any of your people beat this rate?" The salesman seemed very sheepish and said, "Well, no." I love my credit union and won't leave it.
At last
I finally had had it with the big bank interest. I had a active Credit union account but it was several miles away and they were limited in ATM access. I hot footed it down to the local credit union and applied. I was received as if I was an old friend returning home. They review account options and to my surprise (but not really) their charges were minimal. I signed up for a savings account. I will in the very near future establish a checking account with these good people and get out of the big banks loop. I would advise everyone to open an with a credit union---and maybe this might be a signal to big corp. banks we are tire of being ripped off.
Money In The Bank
Love this place, when I deposited some checks on my birthday, the lady gave me a lollipop.
Credit Union of Southern California is Great!
I've been with this bank for around four years, now. I have never paid any fees, as I have free checking and savings accounts, and haven't had any unexpected fees pop up. I did have to pay $10 in order to set up my account, but I believe I get that back, if I ever close them. When I go into my local branch, the people are always at least relatively nice and friendly, and the lines are never long. I've never had any incorrect transactions, unlike with other banks I've been with. My only complaint is that using their website isn't the best; it seems like they are down for maintenance twice a week, and the notices about when they are going to be down are up long after that time has passed. Other than that, I'm very happy with my bank, and hope to be with it as long as I need to.
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68456 |
| Year Chartered | 1954 |
| Employees | 289 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.99% |
| Return on Equity - YTD | 9.5% |
| Annual Interest Income | $38.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $1.47B$1.23B |
| Loans | Q3 2018vs Q3 2017 | $895.6MM$655.1MM |
| Deposits | Q3 2018vs Q3 2017 | $1.26B$1.08B |
| Equity Capital | Q3 2018vs Q3 2017 | $152.3MM$131.6MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $6.3MM$5.1MM |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $4.1MM$2.7MM |
| Real Estate Owned | Q3 2018vs Q3 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Credit Union of Southern California; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Credit Union of Southern California Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.45% | $1 | - | Deferred Compensation | |
| 0.30% | $1 | - | Holiday Saver | |
| 0.30% | $1 | - | Summer Saver | |
| 0.10% | $500 | - | Regular Savings | |
| 0.10% | $500 | - | IRA Savings | |
| 0.10% | $500 | - | Sub-Savings | |
| 0.10% | $1 | - | Regular Savings - Minors | |
| 0.10% | $1 | - | Sub-Savings - Minor |
Credit Union of Southern California Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.40%* | $100k* | - | Money Market Account | ||
| OTHER TIERS: 0.15% → $2.5k - $15k | 0.20% → $15k - $25k | 0.25% → $25k - $50k | 0.30% → $50k - $100k | |||||
Credit Union of Southern California Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.35% | - | - | Rewards Checking Account |
Credit Union of Southern California CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.65% | $1k | - | 60 Month CD – combined relationship balance >15K | ||
| 1.65% | $250 | - | 60 Month Minor CD – combined relationship balance >15K | ||
| 1.50% | $1k | - | 48 Month CD – combined relationship balance >15K | ||
| 1.50% | $250 | - | 48 Month Minor CD – combined relationship balance >15K | ||
| 1.35% | $1k | - | 36 Month CD – combined relationship balance >15K | ||
| 1.35% | $250 | - | 36 Month Minor CD – combined relationship balance >15K | ||
| 1.05% | $1k | - | 24 Month CD – combined relationship balance >15K | ||
| 1.05% | $250 | - | 24 Month Minor CD – combined relationship balance >15K | ||
| 0.85% | $1k | - | 18 Month CD – combined relationship balance >15K | ||
| 0.85% | $250 | - | 18 Month Minor CD – combined relationship balance >15K | ||
| 0.75% | $1k | - | 12 Month CD – combined relationship balance >15K | ||
| 0.75% | $250 | - | 12 Month Minor CD – combined relationship balance >15K | ||
| 0.50%* | $150k* | - | 6 Month Access Certificate | ||
| OTHER TIERS: 0.25% → $15k - $100k | 0.40% → $100k - $150k | |||||
| 0.50% | $1k | - | 6 Month CD – combined relationship balance >15K | ||
| 0.20% | $7.5k | - | 1 Month CD – combined relationship balance >15K | ||
| 0.20% | $1k | - | 3 Month CD – combined relationship balance >15K | ||
Credit Union of Southern California IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.55% | $25 | - | 60 Month IRA – combined relationship balance <15K | |
| 1.40% | $25 | - | 48 Month IRA – combined relationship balance <15K | |
| 1.25% | $25 | - | 36 Month IRA – combined relationship balance <15K | |
| 0.95% | $25 | - | 24 Month IRA – combined relationship balance <15K | |
| 0.75% | $25 | - | 18 Month IRA – combined relationship balance <15K | |
| 0.65% | $25 | - | 12 Month IRA – combined relationship balance <15K |
